A corporate vice president is an executive professional in an organization. They are the second-in-command who works directly under the leader of the organization. Like the president, they are responsible for the success and performance of all the teams involved in the operations of the organization.
A corporate vice president works directly with the president and board of directors to assist them in designing and strategizing company plans, values, ethics, missions, and mode of operations. As designed by the management, a corporate vice president must work with the teams and contribute to business development, profitability, and sales and marketing innovations. A corporate vice president must possess the following skills time management, problem-solving, communication, interpersonal relationship, and leadership.
Annually, corporate vice presidents earn between $169,548 and $180,000. But for top-earning cooperate vice presidents, they can make up to $243,000 a year. A corporate vice president in the United States earns about $102,910 a year as national average salary.
There is more than meets the eye when it comes to being a corporate vice president. For example, did you know that they make an average of $82.88 an hour? That's $172,395 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.
There are certain skills that many corporate vice presidents have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed management skills, time-management skills and problem-solving skills.
When it comes to the most important skills required to be a corporate vice president, we found that a lot of resumes listed 10.6% of corporate vice presidents included procedures, while 7.7% of resumes included financial statements, and 7.2% of resumes included risk management. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the corporate vice president job title. But what industry to start with? Most corporate vice presidents actually find jobs in the finance and manufacturing industries.
If you're interested in becoming a corporate vice president, one of the first things to consider is how much education you need. We've determined that 67.5% of corporate vice presidents have a bachelor's degree. In terms of higher education levels, we found that 17.3% of corporate vice presidents have master's degrees. Even though most corporate vice presidents have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a corporate vice president. When we researched the most common majors for a corporate vice president, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on corporate vice president resumes include doctoral degree degrees or associate degree degrees.
You may find that experience in other jobs will help you become a corporate vice president. In fact, many corporate vice president jobs require experience in a role such as vice president. Meanwhile, many corporate vice presidents also have previous career experience in roles such as assistant vice president or director.